David Menapace
Creating a LLC for each property?
Hello Bigger Pockets Community!
I have my second investment property under contract (a win in itself given this crazy market!). I have a business partner that is also joining me on this adventure. We are now look...
Adriel Watts
Piece of garage ceiling fell on tenants car
Apparently a disposal got blocked in my rental. It got backed up and caused a piece of garage ceiling to fall. Tenant claims car was damaged got estimate stating 4800 in damage. Tenant is asking for reimbursement. ...
Dustin Sanders
Purchase Primary Residence (house hack) w/o Income??
How would I get a loan for a new primary residence without income verification? I’m thinking of buying a duplex and living in 1 unit, renting out the other though I’ve quit my job and currently living off of my rental...
Rick Bassett
Prospective tenants claiming their landlords are selling
As of late, there seems to be a bumper crop of prospective tenants claiming that their reason for seeking a new rental unit is that their landlord is selling the property. Yet, the number of houses coming on the marke...
Festus Emore
Should I acquire the property in my LLC or in my name?
Hello all,
I have an old single-family property built in 1960 being given to me from my elder relatives. I plan on selling the property so I can take the profits and reinvest it into something better. Knowing that I ...
David Slovak
Condemned property = Flip ?
I have been driving by a house located not far from my current residence. I stopped by to see the notice on the boarded up garage which was from the city and deemed the property "condemned." I am not sure who owns the...
Bret Davis
Lease expired - tenants refuse to move out
Hi all,Got a sticky situation in PA that I haven't had to deal with before. I tried searching for answers, but there are conflicting posts so here goes. I have a tenant in one of my rentals under a 1 year lease (4/1...
Connor Allan
Can I do a 1031 exchange?
Currently have 1 rental property in my portfolio for about a year now and recently received an offer. If I accept the offer, my plan is to use some of the proceeds to pay off student debt (which will incur a capital g...
Jia Lin
Mechanic's Lien Risk from Subcontractors - Cook County, IL
Hi
All, I'm flipping a condo in Cook County and recently
discovered that the GC I've hired and paid more than 80% balance of labor has
not paid the subcontractors. I have receipts and bank statements to
substantia...
Etienne Dubois
is a syndicator a good way for foreign investors
i am a foreign rental property investor looking to build a portfolio in the US, are syndicators a good way to start? or are there better ways for non americans to invest in properties in america or is the 500,000 usd ...